Dollar General for Sale in Spartanburg, SC
Spartanburg, SC
Key Investment Metrics
Price
$1,265,894
Cap Rate
7.5%
Net Operating Income
$95,574
Building Size
9600 SF
Land Area
1.97 Acres
Remaining Term
4 years
Lease Expiration
07/31/2030
Lease Term
5.0 years
Lease Commencement
08/01/2025
Lease Type
NN+
Tenant Credit
Credit Rated
Year Built
2010
Tenancy
Single
Rent Increases
10% rental increase each Option period
Property overview
Dollar General in Spartanburg
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 9,600 SF
- Land area
- 1.97 acres
- Year built
- 2010
- Lease type
- NN+
- Lease expiration
- 07/31/2030
Confirm current availability, pricing and lease terms through the inquiry form before relying on this listing.
Before you make an offer
Four things to verify
- 1
Lease and guaranty
Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.
- 2
Income and expenses
Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.
- 3
Property condition
Review survey, title, condition and environmental information relevant to this property.
- 4
Exchange requirements
For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.